CREDIT CARDS FOR PEOPLE WITH A POOR CREDIT RATING

Are you struggling to get credit or looking to rebuild your credit history? Those with a poor credit rating will struggle to get a standard credit card so what are your options? Today, there are a range of Poor Credit Rating Credit Cards available, even if you've had problems getting credit due to a poor credit history, bad credit rating, non-existent credit history, CCJs or bankruptcy. Some cards will even help you rebuild your credit rating. A better credit rating will benefit your future chances of borrowing and mean you will be able to borrow more with lower interest rates. The table below compares leading providers of credit cards for people with bad credit. With clear points on advantages and disadvantages, and information on typical representative APR, credit limits, ability to 'rebuild' your credit rating and other costs, rates and fees; it's a straight forward way to see exactly which bad credit, credit cards are right for you.

Credit Benefit Services understands that everyone has a different financial situation. We also understand that at times, financial hardships can lead to a less than perfect credit record. For those reasons, we are pleased to introduce you to Vanquis Bank Ltd. Vanquis has already helped over 1 million individuals who have similar circumstances. Your application will be considered by Vanquis even if you have poor credit history, past credit card problems, previous CCJs or other financial hardships. Applying today for this great offer could be your first step towards regaining your financial freedom and improving your credit score. DETAIL INFORMATION >>

With the Aqua Classic Card, one of the most popular 'credit cards for bad credit' no interest will be charged on purchases if every statement balance is paid in full by the payment date. There is no annual fee with this card and you have a sensible credit limit of up to £1,200. In addition there is a friendly 24-hour customer helpline and an attractive MasterCard acceptance in 24 million places and 600,000 cash points around the world. DETAIL INFORMATION >>

Related Poor Rating Credit Cards Products

Compare Poor Rating Credit Cards

It is not impossible to get a credit card if you have a bad credit history but it can be costly.

The importance of your credit report

Your credit report contains the information lenders will look at when they are deciding whether or not to accept your credit card or loan application. You can get a bad credit rating from failing to pay your loan or credit card bills, are not on the electoral register or have any County Court Judgements.

If you have anything less than a perfect credit rating you will struggle to get approved for the product you want. You will also find that those with good credit scores will be offered the best credit cards and will be able to borrow more with lower interest rates.

What is a Poor Rating Credit Card?

Having your credit card application turned down because of your financial history can be very frustrating. However, there are cards available for people who have been refused elsewhere. Bad credit credit cards or poor rating credit cards are designed for people with no credit history or people who have a bad credit rating.

Avoid the dangers of a Poor Rating Credit Card

You will find that with a poor rating credit card you will be given lower credit limits. However, as long as you keep up with repayments, your credit limit will be increased.

You should be realistic about what you can afford and don’t take on more payments than you can manage. With a credit card make sure that whatever you agree to pay your lender, it is something you can manage responsibly. This way you will be able to establish a better credit history.

As you may have a history of not meeting your repayments, lenders will consider you to be more of a risk if you have not demonstrated responsible use of borrowing money. As a result you will find higher interest rates on poor rating credit cards than many other cards. However, correct use of the card will result in lower interest rates in the future.

Remember that if you fail to meet the repayments you risk damaging your credit rating even further.

Finding the best card

Use the able above to compare some of the leading poor credit rating cards available.

You should look for the card with the lowest possible interest rate and make sure you are aware of any fees associated with the card. You need to make sure you know what happens if you miss payments because the consequences can be severe.

Always read the terms and conditions of the card fully and don’t be afraid to ask any questions you might have.

If you have a poor credit rating but need a credit card the Granite Credit Card is now available at Which Way To Pay. They will consider your application even if you have poor credit history, past credit card problems, previous CCJs or other financial problems.

It can be a time consuming activity trying to find a credit card that will suit your needs, let alone accept your application. If, like thousands of other regular citizens, you have had a few problems with your credit rating it can be even harder to find a card. Most providers have strict criteria for applicants, and sometimes leave customers waiting until the last moment to say that in fact their credit history is not suitable.